Opinion

Inequality, Social Chaos, Bankruptcy Rallies: The Best Insights From FinTwit June 2020

From the "Robinhood Rally" to the most profit-disconnected stock market in history, these are the most interesting ideas from FinTwit last month.

By Nathaniel Whittemore

Jul 9, 2020 at 7:00 p.m. UTC

Updated Sep 14, 2021 at 9:29 a.m. UTC

By Nathaniel Whittemore

Jul 9, 2020 at 7:00 p.m. UTCUpdated Sep 14, 2021 at 9:29 a.m. UTC

By Nathaniel Whittemore

Jul 9, 2020 at 7:00 p.m. UTCUpdated Sep 14, 2021 at 9:29 a.m. UTC

From the "Robinhood Rally" to the most profit-disconnected stock market in history, these are the most interesting ideas from FinTwit last month.

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This episode is sponsored by Bitstamp and Crypto.com.

Today on the Brief:

Slight good news in new and continuing jobless claims
Record corporate equity and debt sales during the crisis
USDC freezes $100K

Introducing the FinTwit Macro Media Index:

The Macro Media Index is a monthly summary of the best macroeconomic tweets, essays, podcast and videos from FinTwit.

In this inaugural edition, NLW looks at a few key themes:

The disconnect between the market and the real economy
The role of the Federal Reserve and monetary policy in growing wealth inequality and social unrest
The Robinhood Rally and bankruptcy bet that took institutional investors by complete surprise
The great inflation vs. deflation debate

Featuring insight from previous Breakdown guests including Luke Gromen, Lyn Alden, Jesse Felder, Preston Pysh and more.

Disclosure

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